Why Should Oracle Even Bother with the EU?

Dennis Byron submits:

With Oracle (ORCL) going to the mattresses with the European Union (EU) over its proposed Sun (JAVA) acquisition, many analysts are suggesting Oracle walk away from Sun. I am suggesting Oracle walk away from the EU. Larry Ellison…

PIMCO: Personal Saving Rate to Exceed 8 Percent

From Bloomberg: Pimco’s Clarida Says U.S. Savings Rate May Exceed 8%

Pacific Investment Management Co. strategic adviser Richard Clarida said the U.S. savings rate may exceed 8 percent, hurting consumer spending and weighing on the economic recovery.

“I’m in the glass is…